Protective Face Shields Assembled at Kia Motors Manufacturing Georgia Will Be Distributed to Healthcare Workers Across the State Using CDC social distancing guidelines, a portion of Kia’s U.S. plant has transformed into a specialty production area Production of personal protection equipment expands Kia’s “Accelerate the Good” efforts to help people impacted by the COVID-19 pandemic… Continue reading @Hyundai: Kia Motors Delivers 15,000 Medical Use Face Shields to the Georgia Emergency Management Agency
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Nuvocargo, a trucking managed marketplace, raises $5.3M in seed funding
U.S. companies rely on Mexican manufacturers for goods ranging from automotive and aerospace parts, to avocados and other produce, to electronics and furniture. But the trucking system that transports these things across the border relies on an inefficient mix of paper, phone calls, faxes and too many stakeholders who drive up costs. These snarls congesting… Continue reading Nuvocargo, a trucking managed marketplace, raises $5.3M in seed funding
Veoneer to Focus on Core Electronics Business
STOCKHOLM, April 23, 2020 /PRNewswire/ — The automotive technology company, Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), has, following a strategic review, decided to exit the brake control business and has signed a non-binding agreement with a well-established automotive supplier to divest Veoneer’s yet to be launched US brake control programs. Following the strategic review… Continue reading Veoneer to Focus on Core Electronics Business
Tesla appoints former head of Japan’s Government Pension Investment Fund to its board
Tesla appoints Hiromichi (Hiro) Mizuno, Japan’s Government Pension Investment Fund former head, to the board of directors. Today, Tesla announced that its board has authorized the number of directors on the Board of Directors to increase from nine to ten in order to appoint Mizuno Mizuno was Executive Managing Director and Chief Investment Officer of… Continue reading Tesla appoints former head of Japan’s Government Pension Investment Fund to its board
Didi raises $1 billion in push for 100 million daily trips
Chinese ride-hailing platform Didi Chuxing has reportedly secured a $1 billion round of fresh funding for its bike rental business Qingju, as the company seeks to diversify growth in the Chinese mobility market with a target of 100 million daily trips for the next three years. People familiar with the deal told LatePost (in Chinese)… Continue reading Didi raises $1 billion in push for 100 million daily trips
@VW Group: Zwickau vehicle plant resuming production of the ID.3 slowly and gradually
The Volkswagen plant in Zwickau is gradually restarting production of electric cars. Production of the all-electric ID.3 resumes today (Thursday), initially with reduced capacity and significantly slower cycle times. Numerous additional measures to protect the health of the workforce are being implemented, and the restart is also oriented to the gradual stabilization of international supply… Continue reading @VW Group: Zwickau vehicle plant resuming production of the ID.3 slowly and gradually
Toyota to gradually resume North America production starting May 4
FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su (Reuters) – Toyota Motor Corp (7203.T) said on Thursday it expects to gradually resume North American production starting May 4 and will impose significant new safety procedures after it halted operations in March… Continue reading Toyota to gradually resume North America production starting May 4
@Toyota: Toyota to Resume Opening of North American Manufacturing Operations
Beginning the week of May 4, Toyota intends to gradually resume its North American manufacturing operations in compliance with federal health and safety guidelines, and local and state ordinances where our facilities are located. The health and safety of our employees and stakeholders remain a top priority and we have implemented new protocols at all… Continue reading @Toyota: Toyota to Resume Opening of North American Manufacturing Operations
Press release – 2019 Universal Registration Document availability
Press release – 2019 Universal Registration Document availability Universal Registration Document The Universal Registration Document contains: The Annual Financial Report The Report of the Supervisory Board on Corporate Governance, covering the components of corporate officer compensation submitted to shareholders at the Annual Meeting to be held on June 23, 2020 The Non-Financial Information Statement The Duty of… Continue reading Press release – 2019 Universal Registration Document availability
UPDATE 1-Honda extends North America auto production halt through May 8
FILE PHOTO: The logo of Honda is seen during the 87th International Motor Show at Palexpo in Geneva, Switzerland March 8, 2017. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – Honda Motor Co (7267.T) said on Thursday it will extend a shutdown of its North American auto plants through May 8, while also extending unpaid leave for many… Continue reading UPDATE 1-Honda extends North America auto production halt through May 8